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sharwoodjr Profile
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Registered: 09-2009
Posts: 46702
Karma: -56 (+97/-153)
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Re: As of today...


Again it's:

1) China trade war (Trump tariffs)
2) Drop in oil prices
3) Hints that the Fed will spike interest rates to fast.
4) Too many investors over-reacting (the see a repeat of 2008 down the road; so they cut their losses, sell off quickly. This decreases demand for an index share, which drops the price).

---
"A liberal is someone who feels a great debt to his fellow man, which he proposes to pay off with YOUR money". They seem to think there's something noble and kind in being generous with other peoples' stuff.
12/7/2018, 4:33 pm Link to this post Send Email to sharwoodjr   Send PM to sharwoodjr
 
stonesurfdog5 Profile
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Registered: 11-2008
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Re: As of today...


So were at 5 of the 6 worst market drops in history under Trump's watch.

Anyone else remember Trump and republicans taking credit for stock market gains right after he was sworn in? I do.
12/7/2018, 6:09 pm Link to this post Send Email to stonesurfdog5   Send PM to stonesurfdog5
 
Patango Profile
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Registered: 11-2008
Location: Mozambique , Timbuktu
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Re: As of today...


The entire GOP-libertarian crowd have been bragging about stocks and the economy since Trump was sworn in on day 1.


quote:

OUR ECONOMY IS A DISASTER

DJT NOV. 1ST, 2016



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DONATE HERE TO BERNIE ACT BLUE


12/7/2018, 11:03 pm Link to this post Send Email to Patango   Send PM to Patango
 


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